Dirty bitcoin risk?

[coolcoinz]

And more than one mixing service shut down/seized by the government but it's not simply because they are operating but it is because the government traced that the platform is used to launder the hacked funds from other event, and they can claim such a thing with any mixer if they want to.

What do you mean by physical exchange? You mean trading with someone in person or Bitcoin ATMs?

A physical exchange is basically a shop where they trade it for you. It's very common service in my area.
You want to sell some bitcoin? They generate an exchange address for you, you send bitcoin there and when there's a confirmation they give you cash. It usually takes up to 20 minutes and there's a no KYC to a certain limit.

The most important thing for me is that the money doesn't go through a bank, so there's no trace you've ever traded anything. Also, they will never seize your coins or anything like that.

[Findingnemo]

And more than one mixing service shut down/seized by the government but it's not simply because they are operating but it is because the government traced that the platform is used to launder the hacked funds from other event, and they can claim such a thing with any mixer if they want to.

What do you mean by physical exchange? You mean trading with someone in person or Bitcoin ATMs?

A physical exchange is basically a shop where they trade it for you. It's very common service in my area.
You want to sell some bitcoin? They generate an exchange address for you, you send bitcoin there and when there's a confirmation they give you cash. It usually takes up to 20 minutes and there's a no KYC to a certain limit.

The most important thing for me is that the money doesn't go through a bank, so there's no trace you've ever traded anything. Also, they will never seize your coins or anything like that.

Interesting, I guess it's just p2p but meet your buyer/seller who happens to be doing this as a profession so you will have access to them and have no trouble buying/selling.

But it must be regulated to do it as a business, which means the government may know who all are using this physical exchange?

[Ultegra134]

Yes, that was I am referring to.

The exchanges have all the decision to question the sources if the address where it came from is part of their blacklisted that considers scam, illegal, from a mixer or anything that they don't like.

I don't know how to.

But it's the exchanges that dictates everything when we're using their platform. It's kind of unfair to be honest but what can we do with that, nothing.

Yeah, I remember that story, not quite the wisest choice to choose an exchange's deposit address. Anyway, it's kind of unfair because I don't have the possibility to check the source of funds I'm expecting. What if I receive a payment from a signature campaign that was a little shady, but I was unaware of it, and now I'm facing potential issues with my own money and the exchange? This is just an example that may not even happen, it's just something that crossed my mind.

[adultcrypto]

Yes, that was I am referring to.

The exchanges have all the decision to question the sources if the address where it came from is part of their blacklisted that considers scam, illegal, from a mixer or anything that they don't like.

I don't know how to.

But it's the exchanges that dictates everything when we're using their platform. It's kind of unfair to be honest but what can we do with that, nothing.

Assuming the coin sent to an exchange is from a mixer for instance and that mixer have not been used to move stolen funds, what will the exchange do to such bitcoin? I'm assuming they will seize the coin and their TOS quoted to cover it up, this means that lot of this are not clear these days and sometimes I fear that people will lose their money for the slightest mistakes or what they know nothing about.